DoubleLine Commodity Strategy ETF (NYSEARCA:DCMT) Short Interest Down 73.4% in February

DoubleLine Commodity Strategy ETF (NYSEARCA:DCMT) was the recipient of a significant decline in short interest in the month of February. As of February 13th, there was short interest totaling 4,665 shares, a decline of 73.4% from the January 29th total of 17,566 shares. Currently, 0.5% of the company’s shares are short sold. Based on an average daily volume of 5,460 shares, the short-interest ratio is currently 0.9 days. Based on an average daily volume of 5,460 shares, the short-interest ratio is currently 0.9 days. Currently, 0.5% of the company’s shares are short sold.

DoubleLine Commodity Strategy ETF Trading Up 1.3%

DCMT traded up $0.37 during trading on Friday, hitting $28.90. 8,416 shares of the stock were exchanged, compared to its average volume of 5,272. The firm has a 50 day simple moving average of $27.41 and a 200 day simple moving average of $27.10. DoubleLine Commodity Strategy ETF has a 1 year low of $23.79 and a 1 year high of $28.97.

Institutional Trading of DoubleLine Commodity Strategy ETF

A number of hedge funds have recently added to or reduced their stakes in DCMT. Foundations Investment Advisors LLC increased its position in DoubleLine Commodity Strategy ETF by 16.8% during the 4th quarter. Foundations Investment Advisors LLC now owns 721,951 shares of the company’s stock valued at $18,841,000 after purchasing an additional 103,834 shares during the period. Walser Wealth Management Company A Ltd Liability Co purchased a new position in DoubleLine Commodity Strategy ETF during the fourth quarter valued at approximately $307,000. Jane Street Group LLC bought a new position in DoubleLine Commodity Strategy ETF in the second quarter worth approximately $215,000. Finally, Global Wealth Management Investment Advisory Inc. lifted its holdings in DoubleLine Commodity Strategy ETF by 8.0% during the second quarter. Global Wealth Management Investment Advisory Inc. now owns 49,786 shares of the company’s stock worth $1,283,000 after buying an additional 3,688 shares during the period.

DoubleLine Commodity Strategy ETF Company Profile

The DoubleLine Commodity Strategy ETF (DCMT) is an exchange-traded fund that mostly invests in broad market commodities. The fund provides broad commodity exposure through an actively managed portfolio of commodity-linked derivative instruments. The fund seeks total returns throughout an entire market cycle. DCMT was launched on Jan 31, 2024 and is issued by DoubleLine.